123 Cree Rd, Sherwood Park

2025-12-31
 

Quick Summary

Location
123 Cree Rd, Sherwood Park, Alberta T8A3X9
Price
$4,000,000 CAD
Status:
For Sale
Property Type:
Industrial
Area:
32000 sqft
Year of Construction:
1977

MLS®#44080261

Property Description

FOR SALE | VALUE-ADD SERVICE COMMERCIAL / INDUSTRIALExceptional opportunity to acquire a substantially renovated service commercial / industrial asset located in the established Cree Road corridor of Sherwood Park. The property has undergone extensive capital improvements totaling in excess of $500,000 over the past three years, resulting in high-end interior and exterior finishes rarely found in this submarket.The building features three (3) overhead grade-level loading doors, 3-phase power, and 12+ washrooms, allowing for flexible multi-tenant or owner-user configurations. The site sits on approximately 1.8 acres with abundant on-site parking, supporting both industrial and service commercial users.Currently partially leased to two long-term tenants who are willing to remain, providing immediate stabilized income, with additional rentable area available for further lease-up and upside. This creates an attractive value-add investment or owner-user with income opportunity.Zoned C5 – Service Commercial, the property accommodates a wide range of permitted uses including light industrial, warehousing, contractor services, manufacturing, and showroom applications.Highlights include:Over $500,000 in recent renovationsHigh-end finishes throughout3 overhead doors3-phase power12+ washrooms1.8-acre siteExcellent parking ratioTwo established long-term tenants in placeAdditional space available for lease-upPrime Sherwood Park location with strong access and visibilityThis is a rare turnkey industrial/service commercial offering with strong fundamentals, in-place income, and future upside. (id:32467)

Property Features

Building

  • Fireplace: No
  • Interior Size: 32000 sqft

Land

  • Land Size: 78408 sqft|1 - 3 acres

Information entered by Acquire Real Estate Group
Listing information last updated on: 2025-12-31 19:14:07


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.

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What is the deal exactly, with One Percent Realty?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

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Yes, and yes.


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